Kimlel Lauren N. 4

What Happened

• Lauren N. Kimlel, Executive Vice President, Branch Banking at Burke & Herbert Financial Services Corp. (BHRB), was granted 600 time‑based restricted stock units (RSUs) on January 22, 2026. The Form 4 reports the acquisition price as $0.00 (award), so the reported cash value on the form is $0. Each RSU will be settled in one share of the company’s common stock upon vesting.

Key Details

• Transaction date & type: 2026-01-22 — Award/Grant (code A).
• Amount & price: 600 RSUs; reported price $0.00.
• Vesting: Award vests in three equal annual installments, subject to continued employment (per footnote F1). Each RSU converts to one share on vesting.
• Shares owned after transaction: Not specified in the information provided on the filing.
• Filing date & timeliness: Form filed 2026-02-19 (28 days after the grant); this appears to be a late filing relative to the usual 2 business‑day Form 4 deadline.

Context

• RSU grants are a form of compensation, not an open‑market purchase or sale. They typically reflect long‑term pay and are contingent on continued employment through vesting dates. Because these shares are not immediately transferrable, this type of filing is less directly informative about short‑term insider trading sentiment than outright purchases or sales.